Beaufield Resources (BFD-V) June 20, '16 reports it has started linecutting on its Kent Block, 100% owned, Urban property, Quebec. The objective is to establish new drill targets on the Kent Block.
A 28.6 kilometre grid is being established on the Kent Block, located adjacent to the Souart property which was recently acquired by Osisko Mining (Previously Oban Mining). The Osisko Souart property contains a gold deposit located less than 500 metres, and along strike from the planned Beaufield linecutting. The Souart deposit contains a historical resource as described in Osisko's February 3rd, 2016 news release.
A high sensitivity airborne magnetic survey over the entire Urban area including, Souart, indicates that same geology straddles both properties. The main magnetic feature associated with the Souart zone has not been drill tested on Beaufield's property.
A ground geophysical program consisting of a deep penetrating induce polarization (IP) survey and a magnetometer survey will be undertaken upon completion of the linecutting program.
Beaufield's drill program is currently underway on the Macho Block and about to start on the Rouleau Block as indicated on the adjoined map.
Beaufield's 12,915 hectares, flagship Urban property is centrally located within the Urban-Barry gold camp, near infrastructure and is easily accessible by road. The Urban area one of the most active gold exploration camps in Quebec with many companies operating in the area including Osisko Mining, Bonterra Resources, Urbana Corporation and Metanor Resources.
Please refer to Beaufield's website for a map indicating the principal stakeholders for the Urban region and their relation to Beaufield holdings.
Qualified Person
This news release has been prepared by Mathieu Stephens, P.Geo., Vice President of Exploration and Corporate Development for Beaufield, the Qualified Person, as defined by National Instrument 43-101.
About Beaufield:
Beaufield is a well financed mineral exploration company with its exploration activity focused in Quebec. Beaufield is positioned to advance its portfolio of exploration properties and identify other potential opportunities in the mineral exploration or development stage. The Corporation is actively exploring, well financed with approximately $3 million in cash, has no debt and has excess work credits on its properties.
Beaufield Resources Inc.
Jens E. Hansen
President and CEO
514.842.3443
Beaufield Resources Inc.
Mathieu Stephens
VP Exploration and Corporate Development
613.721.2919
info@beaufield.com
www.beaufield.com
Investor Relations Europe
Kai Hoffmann, Soar Financial Partners
bfd@soarfinancial.com
+49 69 175 54832 0
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